ID-Pal secures €7m expansion boost
Regtech company led by Colum Lyons provides an out-of-the-box identity verification solution for businesses that can be set up in minutes
ID-Pal, an online verification company, has secured €7 million in investment to further fuel expansion after a doubling of customers and employees over the past year.
Founded by Colum Lyons in 2016, ID-Pal is a software-as-a-service (SaaS) company that helps businesses ensure compliance with regulatory identity requirements such as anti-money laundering (AML) and know your customer (KYC).
The company's platform verifies customer identities in real-time via a number of means, including document verification and facial ...